KOSPI jumps nearly 4%
South Korea's benchmark KOSPI closed at 6,598.26, up 3.76 percent, as renewed optimism over AI investment lifted semiconductor stocks, with SK hynix rising 5.77 percent to 1,668,000 won and Samsung Elβ¦
South Korea's benchmark KOSPI closed at 6,598.26, up 3.76 percent, as renewed optimism over AI investment lifted semiconductor stocks, with SK hynix rising 5.77 percent to 1,668,000 won and Samsung Elβ¦
Flitto, a Seoul-based translation app originally built for K-pop fans, now supplies training data for some of the world's largest AI models after landing two contracts worth a combined 31.6 billion woβ¦
South Korea is moving to strengthen investor protections amid stock market volatility, even as chip-led export growth fueled by AI investments drives a record current account surplus of $14.1 billion β¦
South Korean President Lee Jae Myung announced a $518 billion semiconductor megaproject on June 29, including four new memory chip fabs, an HBM packaging hub, and over 1 quadrillion won in AI data cenβ¦
Seoul stocks ended mixed Monday as foreign selling weighed on the KOSPI, while President Lee Jae Myung's $518 billion semiconductor cluster plan sparked a rally in the Kosdaq. The Korean won weakened β¦
South Korean stocks rebounded after Samsung Electronics and SK Hynix announced massive investment plans during a government briefing, with the Kospi recovering from a 3.4% drop to close down just 0.2%β¦